8/2/2025, 12:12:00 AM | Reuters | news

    Global shares in red after US jobs data, Trump's tariff salvo

    Global stock indices fell sharply following weak US jobs data and Trump's tariff announcements. The MSCI global equities index dropped, with the Dow Jones and STOXX 600 seeing their largest declines since April. US Treasury yields fell as markets anticipated September rate cuts. Oil prices dropped due to OPEC production concerns, while gold rose as investors sought safety. Armenia and the US held joint military exercises.

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